On April 1, 2020, Martinez Company sold 13,500 of its 11%, 15-year, $1,000 face value bonds at 97. Interest payment dates are April 1 and October 1, and the company uses the straight-line method of bond discount amortization. On March 1, 2021, Martinez took advantage of favorable prices of its stock to extinguish 6,300 of the bonds by issuing 207,900 shares of its $10 par value common stock. At this time, the accrued interest was paid in cash. The companys stock was selling for $31 per share on March 1, 2021. Prepare the journal entries needed on the books of Martinez Company to record the following. (Round intermediate calculations to 6 decimal places, e.g. 1.251247, and final answers to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

(a)		April 1, 2020: issuance of the bonds.
(b)		October 1, 2020: payment of semiannual interest.
(c)		December 31, 2020: accrual of interest expense.
(d)		March 1, 2021: extinguishment of 6,300 bonds. (No reversing entries made.)

No. Account Titles and Explanation Debit Credit (a) Sarasota Co.'s entry: (b) Ivanhoe Inc. entry